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SAS Nagar (Mohali), (Gurpreet) Rolling a red carpet for the Bussiness tycoons to join family of three crore Punjabis, the Punjab Chief Minister Bhagwant Mann gave a clarion call to them for becoming partners of the socio economic growth in the state.

The Chief Minister, while addressing the Bussiness tycoons here during the inaugural session of the fifth Progressive Punjab Investors Summit, welcomed them to land of saints, seers and martyrs adding that he was elated to have eminent personalities amongst us today. He said that Punjab is most favourable investment destination across the country and no stone will be left unturned to facilitate them. Bhagwant Mann envisioned a strong association between the state government and industrialists to make Punjab an industrial hub in the country.

The Chief Minister said that in order to facilitate the investors for making investments in the state, his government will soon abolish the Change of Land Use (CLU) and NOC that had haunted the industries in earlier times. Welcoming key industrialists m, he said that merely within one year of assuming responsibility as a CM, his first and foremost task has been to get a first-hand knowledge of the problems, of the complexities faced by the people. Bhagwant Mann said that his government’s vision and ambition is to continue to evolve to keep pace with changing expectations and new challenges.

The Chief Minister while striking emotional chord with entrepreneurs said that they are source of opportunities that the youth of Punjab and India wants to avail. He said that no matter if we are working in the public, private or non-profit sectors, each of us has a role to fulfill if we are to achieve our hopes and fulfill our aspirations and responsibilities to our country, our society, our families and to ourselves. Bhagwant Mann Summit is not about MOUs but about knowledge sharing, about brainstorming, about learning from each other.

The Chief Minister asserted that they have chosen a path to make the future of the country bright by accelerating economic growth in stage. Bhagwant Mann said that he has seen that aspiring young generation of Punjab wants to do something big in life. He said that his government is fully convinced that God has bestowed him this opportunity to lead Punjab for bringing qualitative changes in the lives of people.

The Chief Minister said that he can’t discharge this responsibility without active support and collaboration of the people. Bhagwant Mann said that he has a committed team which wants to stimulate healthy economic growth with support of people. He said that his government has introduced several policies and initiatives to support businesses and investors.

The Chief Minister expressed hope that new Industrial and Business Development Policy 2022 unveiled today will accelerate the desired economic growth. Bhagwant Mann said that policy aims to attract huge investment and generate maximum employment in the coming five years. He said that policy provides competitive incentives to all segments of investments including expansions and new MSMEs, Large Units, Export Promotion, Start-Ups of service and manufacturing both.

The Chief Minister envisioned that this policy will provide a roadmap for infrastructure development, such as industrial parks, airports, and ports, which will further facilitate the movement of goods and people and enhance the state's connectivity to global markets. Bhagwant Mann said that the state Government is developing Integrated Industrial Township adding that it taken a major decision to build 20 Rural Industrial Clusters and 15 industrial parks. Bhagwant Mann further said that in a major step towards sustainability, Punjab’s EV Policy was also unveiled today.

The Chief Minister said that the state is now on a threshold of transition to a new culture of innovation and technology driven enterprise. Bhagwant Mann said that the youth of state are making new innovations and we need to support them. Bhagwant Mann said that Best Class infrastructure, excellent connectivity, premium educational institutes coupled with conducive government policies add to the strength of the State.

The Chief Minister said that rather than waiting for investments in the state, he has adopted a door to door policy to approach the entrepreneurs for investing in state. Bhagwant Mann said that he is elated to share that Punjab has received more than Rs 40,000 Crores worth of investments since March 2022 thereby generating around 2.50 lakh employment opportunities. He said that these investments include those by major companies like Tata Steel, Nestle, Freudenberg, Cargill, Hindustan Unilever, Sanathan Textiles and others have came to state.



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